Rutland
534 Old Turnpike Road
Listed by: Gail Beardmore, Engel & Volkers Okemo, Selling Office: William Raveis Vermont Properties, Listing Courtesy of Prime MLS
$140,000
●
House -
Off Market
534 Old Turnpike Road
Mount Holly, VT 05758
4 Beds
3 Baths,
1
Half Bath
2,322 Ft²
$225,986
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Homeowner is offering a $10,000 credit at closing!! Perfect
opportunity to enter the world of home ownership at a price you can
afford. This 4 bedroom colonial home needs some finishing,
but with some sweat equity, this home will appreciate. The
original home was built in 1879 and was the old Hortonville
Schoolhouse. About 30 years ago the owners began renovating.
There is a bedroom upstairs that needs finishing touches and
the Master Bath is plumbed - just needs a few fixtures. The
Colonial style home offers very large rooms, wood floors and sits
on a quiet country road, close to Okemo and Rutland. Some recent
updates include, a new roof, new septic and a new oil tank. This
home is priced to sell quickly. At $62/square foot - nothing beats
it.
Unit Size
2,322 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$73
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Prime MLS #4748060)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2020 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed by Engel & Volkers Okemo | $169,000 | |
| Listed by Engel & Volkers Okemo | |||
| Jul 30, 2017 | Listed | $169,000 | |
| Listed | |||
| | |||
|
Renovated Schoolhouse with lots of charm. Value priced home with over sized rooms makes this a great starter home or convenient ski house! Expansive master bedroom with master bath already roughed in, making it a 3 bath when finished. Two pellet stoves for those cold winter nights and VAST snowmobile trail just around the corner. Recently replaced roof and state of art mound septic system. This home has been approved as a perfect site for solar roof panels with lots of sun throughout the day. Active community and only minutes from Star Lake, Okemo Mountain Resort and Rutland.The manager has listed the unit size as 2728 square feet.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Baths
ft²
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About Rutland
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Listed by: Gail Beardmore, Engel & Volkers Okemo
Last Updated Date: 2020-10-22
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4748060
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated Date: 2020-10-22
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4748060
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